I was talking 'Extra' 3K-4K, if you put in FD 3.7% while Reit yield is 7.7%, you get the differential extra of 4K (not yet deducted the 15% witholding tax.
The risk is a bit higher than bond. Take it this way, basically you are owning the property and get the yield/return through the rental income.

No charges, only commission charges as same as buying/selling like normal shares.

Price fluctuation is minimal mostly. As if the Reit price goes lower, the higher the yield is which will be more attractive for investors.

The primary risk are :
1. Property value goes down (if this is the case then Reit market price will go down to reflect the valuation)
2. Rental rate goes down means lower yield for Reit holder
3. Can't get tenants, no return.
4. Sincerity of the property needs to be good to keep the property in good shape and attract tenants.

Take it this way, basically you are owning the property and get the yield/return through the rental income.
Yes, there are only a few Reit in Malaysia,still in infancy period.